AESIR: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AESIR
Largest movements
- Cash -€13,406
down €13,406 (-62.3%), from €21,530 to €8,123
mainly Other debts (-€8,546) and Tax, wage and social debts (-€4,923)
- Receivables within one year -€2,004
down €2,004 (-11.1%), from €18,076 to €16,072
of which Other amounts receivable: -€5,044
- Tangible fixed assets -€1,510
down €1,510 (-73.1%), from €2,066 to €556
of which Plant, machinery and equipment: -€2,066
- Deferred charges and accrued income +€463
up €463 (+193.2%), from €240 to €703
- Other debts -€8,546
down €8,546 (-52.9%), from €16,171 to €7,624
- Tax, wage and social debts -€4,923
down €4,923 (-65.8%), from €7,479 to €2,556
- Trade debts -€2,493
down €2,493 (-98.1%), from €2,540 to €47
- Profit (loss) carried forward -€496
down €496 (-3.4%), from €14,722 to €14,226
- Gross operating margin -€2,522
down €2,522 (-60.4%), from €4,173 to €1,651
- Staff costs -€2,074
no longer reported in 2025 (was €2,074)
- Depreciation -€1,045
down €1,045 (-40.9%), from €2,555 to €1,510
- Other operating charges -€298
down €298 (-76.9%), from €387 to €89
- Financial charges +€86
up €86 (+121.8%), from €70 to €156
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,912 | €25,454 | -€16,458 | -39.3% |
| Fixed assets | 21/28 | €2,066 | €556 | -€1,510 | -73.1% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €2,066 | €556 | -€1,510 | -73.1% |
| Plant, machinery and equipment | 23 | €2,066 | - | -€2,066 | |
| Furniture and vehicles | 24 | - | €556 | +€556 | |
| Current assets | 29/58 | €39,846 | €24,898 | -€14,948 | -37.5% |
| Amounts receivable within one year | 40/41 | €18,076 | €16,072 | -€2,004 | -11.1% |
| Trade receivables | 40 | €7,424 | €10,465 | +€3,040 | +40.9% |
| Other amounts receivable | 41 | €10,652 | €5,608 | -€5,044 | -47.4% |
| Cash at bank and in hand | 54/58 | €21,530 | €8,123 | -€13,406 | -62.3% |
| Deferred charges and accrued income | 490/1 | €240 | €703 | +€463 | +193.2% |
| Total equity and liabilities | 10/49 | €41,912 | €25,454 | -€16,458 | -39.3% |
| Equity | 10/15 | €15,722 | €15,226 | -€496 | -3.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,722 | €14,226 | -€496 | -3.4% |
| Amounts payable | 17/49 | €26,190 | €10,228 | -€15,962 | -60.9% |
| Amounts payable within one year | 42/48 | €26,190 | €10,228 | -€15,962 | -60.9% |
| Trade debts | 44 | €2,540 | €47 | -€2,493 | -98.1% |
| Suppliers | 440/4 | €2,540 | €47 | -€2,493 | -98.1% |
| Taxes, remuneration and social security | 45 | €7,479 | €2,556 | -€4,923 | -65.8% |
| Taxes | 450/3 | €7,479 | €2,556 | -€4,923 | -65.8% |
| Other amounts payable | 47/48 | €16,171 | €7,624 | -€8,546 | -52.9% |
| Remuneration, social security and pensions | 62 | €2,074 | - | -€2,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,555 | €1,510 | -€1,045 | -40.9% |
| Other operating charges | 640/8 | €387 | €89 | -€298 | -76.9% |
| Gross operating margin | 9900 | €4,173 | €1,651 | -€2,522 | -60.4% |
| Operating profit (loss) | 9901 | -€844 | €52 | +€895 | |
| Financial income | 75/76B | €5 | €1 | -€3 | -70.9% |
| Recurring financial income | 75 | €5 | €1 | -€3 | -70.9% |
| Financial charges | 65/66B | €70 | €156 | +€86 | +121.8% |
| Recurring financial charges | 65 | €70 | €156 | +€86 | +121.8% |
| Profit (loss) for the period before taxes | 9903 | -€909 | -€103 | +€806 | +88.7% |
| Income taxes | 67/77 | €348 | €392 | +€44 | +12.8% |
| Profit (loss) for the period | 9904 | -€1,257 | -€496 | +€762 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,257 | -€496 | +€762 | +60.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.